Yesterday I hit Day 120 of booze-free living. Things are beginning to gel. I’m beginning to see the not drinking as part of a bigger picture. Part of the overall goal that I have for my life now that I’m well under way in my sixth decade on this planet. (Which means I’m in my 50s, not 60s, just so there’s no confusion.)
What is my overall goal, you ask? Freedom.
To be free means freedom from BigLaw. Freedom from the daily grind. Freedom from chowing down on my daily dose of cockroaches. Freedom to hike, and write, and read. Freedom to get up early and take afternoon naps. Freedom to color in my coloring book, and maybe eventually learn how to draw with my 150 colored pencils without using someone else’s lines.
This craving for freedom began in the aftermath of the death trifecta and has increased steadily since. In the past eighteen months, here’s what I’ve done to whittle down my spending and increase the value of my retirement account:
- Came to understand the true cost of consumerism
- Paid off all debt (save my mortgage) because debt is an emergency!
- Moved my investments away from Morgan Stanley into Vanguard Index Funds, saving the obnoxious and pointless 2% annual fee my “adviser” charged (not to mention the high expense ratios of the funds she had my money in)
- Refinanced my condo, cutting my rate to 3.5% for a 15-year mortgage (was 30-year), increasing my monthly payment by only $100
- Ditched the fancypants auto dealership mechanic
- Got rid of cable
- Stopped buying stupid shit
The “stopped buying stupid shit” category includes my most recent cost-cutting measure: I’ve stopped coloring my hair. That’s right ladies, I’m going gray. According to my Mint app, in 17 months I spent over $1700 at the fancypants hair salon. Having not had my hair colored or cut since December, I decided I had to do something. On Friday, after making inquiries of my frugal friends, I made an appointment at the antithesis of a fancypants salon.
The “salon” was in a sketchy part of town on the second floor of a strip center above a Mexican food-mart. The walls were plastered with peeling posters of men with “fade” haircuts. (Before Friday, I was unfamiliar with the term.) When I arrived, two gentlemen were in the process of getting their fade cuts. No women, other than the stylists, were present. I was not daunted. I asked the stylist to chop off about four inches, leaving my hair at shoulder length. She did as I asked, my back to the mirror as she blew my hair dry. When she turned the chair around, I beheld my sassy new hairdo reflected in the mirror. I must admit I was a bit relieved. The stylist charged me $25 for the shampoo, cut, and blow-dry. I also learned a couple of new Spanish words in the process. I felt $25 was highway robbery (and I was the robber), so I added a $10 tip. At a sixth of the cost of the fancypants salon (granted, color was included at fancypants), my hair looks fabulous.
Also included in the “stopped buying stupid shit” category, the (by far) biggest and stupidest item is booze. Do you realize that if you spend $300 a month on booze (not too hard to do with a few nice bottles of wine a week at home and booze with dinner out a couple of times a month) instead of investing that $300 at 7% annual ROI, in forty years (with the magic of compounding) you’ve blown $767,000?
Congratulations on all that you have accomplished. I am working on many of the same things and it isn’t always easy.
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Thanks, Amy! No, not easy. But worth it. Eye on the prize!
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I had decided a long time ago, I never wanted to dye my hair. I had a great aunt and you could see her base line going white ever so often – she was all white at once, when she could not dye her hair any longer. By forgoing dyeing I will grey slowly, being able to get used to it. Another problem I see with dyeing is the difference in age between a wrinkled octogenarian face – and her jetblack hair. I do want my face to match up with my hair.
So in my eyes you did the right thing by allowing yourself to go grey.
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I’ve been dying it for over then years. I tried to stop once before, about two years ago. I got a year into it, and caved. I’m now at four months. I figure by keeping my hair shorter, I’ll be all the same shade in no time. The highlights seem to be blending with the “silver”, so maybe it won’t look too bad in the meantime. A friend of mine, who wants to stop coloring her hair, says she’s going to wear a wig until she’s made the transition.
Just another form of freedom, Fran.
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Isn’t all this fruitless chase of youthful beauty ridiculous? I am 46 – I do not mind looking that age!
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Completely agree! Although it’s taken a while.
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I think it took me till 40 to finally resign.
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You are one funny woman, in a good way.
1. Putting your money into Vanguard accounts is quite smart. I did that about 30 years ago. It’s a great company, the best. Financial advisors are con men and women who rob you. Avoid them.
2. Getting rid of cable is smart too. If you haven’t got an internet TV, buy one and subscribe to Netflix. I don’t know what it costs in the U.S., but in Mexico it’s about 7 bucks a month for everything.
3. I am impressed that you know that being in your 50s means you’re in your sixth decade. I, alas, am in my eighth decade.
4. White hair looks great on me, and it will look great on you too.
5. $25 seems like a pittance for a haircut?! Sounds like a fortune to me. I pay $2.30 for a really nice haircut. And jeez, a $10 tip on a $25 hairdo? That’s (excuse me) an example of stupid shit. Stop it right now.
6. Stop counting booze-free days. Just live booze-free. It’s a wonderful liberation leading to clear heads and fatter wallets and a superior life.
Onward and upward!
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In Austin, $25 is cheap for a woman’s haircut, Felipe. A $10 tip was a bit stupid, agreed. I’ll consider it a signing bonus and stick with 20% on future visits. The stylist is from San Miguel Allende, by the way.
I’m not counting; my Quit That! app is. I’ll keep reporting the days (or months, now) as folks following along might find some inspiration in it. I know I did when I read posts of people ahead of me.
Clear heads, fatter wallets, and a superior life. Sounds like a motto for life.
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I like the mantra, stop buying stupid shit. I am a sucker for buying that kind of stuff. Clothing is my biggest weakness. I have so many clothes that I can’t even fit them in my closet! I started recently selling my dresses off that I have only worn once or twice. It’s been nice getting a little bit of money back for them. It’s been hard but I am slowly weening myself buying clothes and trying to shop my actual closet instead.
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Stupid Shit (in your case, clothes) or Freedom? That’s the question to ask when temptation strikes. Freedom wins more often than not.
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Happy 120 days to you!!! I can’t wait for things to gel on a more regular basis.
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Thanks! It’s coming! Just hang in there, and you will be gelling before you know it.
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I tried to sop colouring my hair, but it was not pretty.
I’m 43 and have been greying for a long time.
I like my stylist, so I’m willing to pay the price.
And I have long hair….
Some day.
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It’s taken me to nearly 52 to stop coloring. The first time I tried in my late 40s, I didn’t go through with it. For me, things really started shifting when I hit 50. Gray doesn’t seem something to be avoided any longer. It’s like I’ve gotten back to that feeling of teenage rebellion. But no perms this time!
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love your post – made me smile, We obviously stopped drinking at the same time…. things are gelling for me too. Great, isn’t it? Your colouring is fabulous and, as for lines….. colour in, colour out, whatever floats your boat baby – you are now making the rules!!
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Thanks, Helen. I do love coloring. Glad to know I made you smile. Keep on gelling, sister!
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Oh wow, you go girl! Talk about being on a roll! Love the straight talk about frugality and, well, common sense. So glad you are following through with extricating yourself from “Big Law.” Life is too precious and short to suffer on purpose!
I used to be brunette/auburn. As the gray came in, I went blond because the regrowth was less alarming. Finally, I just left the color grow out. Now my hair is white. I, too, pay $25 for a cut. And, to be honest, I’m liking my hair just fine!
You are on the springboard to incredible! I have and will continue to look forward to your posts!
Keep rollin’!!
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Thank you, PP. “Life is too precious and short to suffer on purpose.” Isn’t that the truth! Glad to have a sister in gray crime. It’s so wonderful how many ways we find freedom these days.
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Stop buying stupid shit. This needs to be MY new mantra. I have a closet full of stupid shit that still have tags on them. Things I HAD to have because I was pretty sure I’d seen Jennifer Aniston wearing something similar once in a People magazine. And then I choose the old ratty t-shirt from college every day over these ridiculous purchases. Yep, totally agree with this post.
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Ha–Stop Buying Stupid Shit is catchy, no? I’m becoming a compulsive non-buyer: how little can I spend this month? Can I beat last month? I’ve seen blogs where people went months without buying anything other than necessities. Which sounds cool but I haven’t tried it yet. Seems I can turn anything into a compulsion.
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No way! I spent 3 hours one day reading this girl’s blog about minimalism, in which she got rid of like, ALL her possessions that weren’t used daily and went on a YEAR LONG shopping ban. The only stuff she bought was food and cleaning items. Sounds like we have similar addictions!
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I think we read the same blog: Blonde on a Budget!
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Haha!! Small blogger world, eh? Isn’t she fantastic?
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Every time I go into my nearest bookshop I’ve been noticing the colouring books for adults…I’m becoming tempted!
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They’re really cool. They’re so intricate, it takes a long time to do one picture. So one book can last a long time. I sent my first completed work of art to my mom at her assisted living to put on her fridge.
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I think that’s an excellent use of your first completed picture, what else are they for if not that? 😉
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I’m much older than you. I colored/highlighted my hair once a year or so ago – it was just too much trouble keeping it looking OK. So I’ve got grey hair. Who cares. And gone back to the classic cut for my straight hair instead of trying to be trendy. Works. If you can find someone who give a good haircut for a reasonable price, you don’t need to get it cut that often. (saves time and money)
Sounds like you’re being really sensible. Coloring books lead people to that (giggles)
Cheers for you!
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I am a huge fan of classic. I held out on the hair color and highlights for years. The first time I colored my hair, I was 40. As it grows out, I’m thinking exactly that–gray hair; big deal. In fact, I think I actually prefer the natural (i.e., classic) look. There are so many more interesting ways to spend time other than sitting in a stylist’s chair. Coloring books, for one!
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My grandmother had the most beautiful shiny silver hair – she was short and fat and looked like an elf with sparkling eyes. Mom colored her hair and it frequently looked green under certain lights and she got so mad if anyone said anything. Not a difficult choice. I vote for the silver. (There was a big thing on the news last night about popularity of adult coloring books…now if we can just get people to also return to the kindergarden rules of “take turns, share, don’t hit, and if you can’t say anything nice, say nothing at all….and take naps.” May the coloring books seep their wisdom through the fingers and into brains.
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I like grey hair.
I think your frugality is such a good idea. It sets you a bit more free doesn’t it. Thank you for your support and for keeping up with me. It makes a real difference. x x x
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Grey hair, frugality, booze-free. All variations of freedom. You are most welcome! xo
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Bravo! You really are going at top speed. I stopped buying stupid shit years ago—except for hair colour which costs me $9 a box. I have two boxes left and when those are gone? Who knows? I might stop that too.
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Thanks, Peggy! You know, do-it-yourself is a frugal alternative. I wonder how much I would have saved doing it that way over the past ten years. But I am now enjoying letting my gray show. There is certain satisfaction in thumbing my nose at beauty standards.
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Good job!
I let my gray show, too. (Figure I’ve earned every strand.) And I have a ‘no maintenance’ haircut, which I love.
Perhaps we are beginning a new trend 😉
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Thanks, foguth! I’d say we just might be starting that trend. Because there’s so many of us reaching a time in life where freedom has gained importance, we can evoke all sorts of change in the popular culture.
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Congrats on the sobriety milestone and going grey too. Both take a lot of guts. And yes, buying crap we don’t need or REALLY want, can really add up. 🙂
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Thanks, Geraldine! Becoming mindful on several fronts. To my thinking, life begins at 50.
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Congratulations!!!! Buying stupid shit is one of America’s biggest problems. Virtually everyone I know feels that s/he has to live beyond his/her means. And it’s really a vicious, ridiculous treadmill. I also think it’s especially difficult for women, who generally face so much social pressure to have a vast wardrobe, expensive makeup, and dyed hair, all of it unnecessary. And to me, it’s a scandal that so many people of modest means spend $1,200 a year on cable. Cable!!! There’s tons of free stuff on broadcast and on YouTube, where I’ve recently discovered tons of 47 minute documentaries that I can watch for free without adverts. Personally, I’ve also rediscovered my local, public library. How great is that? They let you read books for free, and then they keep them on a shelf for you too! No clutter in your own house, and you can go back and reread them any time you want.
I’ve also tried to become more frugal, and whenever I want something of a durable nature (tools, musical instruments, car stuff, furniture), Craiglist has become my first stop, eBay my second. There’s so much lightly-used stuff floating around in this country, all going for half price or less, it just doesn’t make sense to me to be paying a big premium for something new and virginal.
Congratulations again. Best wishes for a more frugal, fulfilled life.
Kim G
Boston, MA
Where we keep toying with the idea of dying our hair, but so far continue to go increasingly gray.
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Thank you, Kim! It’s really neat how small changes begin to snowball. I have watched my monthly expenses decline rapidly and profoundly since I started spending (not spending!) more consciously. And once I stop working, it will be even easier to not buy clothes, makeup, etc. Which, I agree with you, is totally unnecessary. Having gotten rid of cable, I do still pay $8.65 a month for Netflix. Baby steps. Books are one of my weaknesses. I’ve been toying with the idea of doing a book-buying ban, and I think it’s time I cracked down on myself. There’s a public library within walking distance of my home (about 1.5 miles each way), but it’s currently under renovation though December. I have plenty of books I haven’t read to tide me over. The book-buying ban hereby is instituted! If I want to read something not available in my library, I’ll have to walk for it.
I like the idea of buying used stuff, when needed. Craigslist, Goodwill, etc. I have piles of stuff I could sell, once I make my way through it and do my decluttering. (Something else I’ve been pondering but haven’t done. The thought of it overwhelms me.) I need to figure out the best place to sell my gently-used items, safely. (Living along, while filled with perks, also has its challenges.)
Thanks again for the encouragement, Kim. And remember, gray is the new black.
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Great post! I am so excited to save a bunch of money.
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Thanks! Saving bunches of money equals freedom. It is exciting!
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This is an amazing post! I love your boldness. Many congratulations on celebrating booze-free life. You go girl!
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Thank you so much! Boldly going where I’ve not gone before! 😉
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I’m taking notes. I need to be more frugal. Like way more.
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You can do it! Use mint.com to track your spending and it will just happen naturally. Once I started paying attention, I cut my spending in half. Now it’s a game: can I spend less this month than I did last month? And of course the motivation of early retirement helps!
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I’m gonna go on mint.com. Thanks. I have two kids in college and the struggle is real! I’ve been too lazy to even try to track it. My SO tracks every dime he spends. Thanks.
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Once you set it up, it’s automatic. All you have to do is look at the pretty little charts and graphs. And I do love the charts and graphs.
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So you link it to bank accounts and save all receipts to enter? I know I’m clueless.
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This gives a great overview: http://mobile.pcmag.com/software/15042-mint-dot-com?origref=
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Got it. Thanks. I need it.
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Just read it. Got palpitations! There’s just something about tracking that feels constrained. But so is the struggle! The one thing I did wonder about is security, with all the hacking going on. Are you using mint long term, or just until you reach a goal?
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Palpitations disappear once you get going. Money and personal finance, for me, we’re a huge source of anxiety until I got my head out of the sand and made a plan. I’m no more worried about security than I am with my bank or vanguard. I’d be more worried with the money under my mattress. Plus, if something funny is going on, I’ll see it right away. (I check in via the app often.) Long-term. It’s an amazing tool that helps me stay on top of everything, virtually in real time, all in one place.
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Ok so you downloaded the app. Thanks. I MUST take my head out of the sand.
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You can do it! And I am happy to help however I can.
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Thank you!
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